Latest Market News
Polymer Price Revisions Effective from July 1, 2024
Leading polymer manufacturers in India have announced significant price revisions across various grades of polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), and other polymers, effective from July 1,...
The Surge in Sea Freight Rates: Causes and Implications
As of June 2024, sea freight rates have experienced a significant surge, impacting the global supply chain. Understanding the factors behind this increase involves looking back at trends...
USD/INR Movement Amidst Foreign Inflows and Economic Factors
The Indian Rupee (INR) has shown resilience recently, maintaining its position against the US Dollar (USD) due to expectations of significant foreign investment inflows, despite economic pressures like...
BPCL to Invest Rs 50,000 Crore in New Refinery and Petrochemical Expansion
Bharat Petroleum Corporation Limited (BPCL) has announced plans to build a new 12 million metric tonnes per annum (MMTPA) refinery, investing Rs 50,000 crore. The state-owned oil marketing...
Crude Oil Price Movement: Snapping a Three-Week Losing Streak Amidst Market Forecasts
U.S. crude oil prices rebounded nearly 4% last week, breaking a three-week losing streak. The recent gains reflect expectations of tighter market conditions heading into the third quarter...
Polymer Price Revisions Announced by domestic polymer producer Effective June 13, 2024
Domestic polymer producer have announced significant revisions to their polymer prices effective June 13, 2024. RIL PE: All HDPE up by â‚ą2000/Mt, except Pipe which is up by...
Polymer Price Revisions Announced by domestic polymer producer Effective June 1, 2024
Domestic polymer producer have announced significant revisions to their polymer prices effective June 1, 2024. RIL Price Revisions LLDPE (Linear Low-Density Polyethylene): Prices increased by Rs. 2500/MT. HDPE...
Impact of IOCL's Polymer Price Revision: Will Domestic Prices Align with International Rates?
In a recent development, Indian Oil Corporation Limited (IOCL) announced a price revision for its LL Film grades, effective from May 23, 2024. The LL-Film Grades, including 010F18S/A,...
Polymer Price Adjustments: Updates from Leading Producers
RIL and Aspet/Ramapet have announced a price increase for all PET grades by Rs. 2000 per metric ton (MT) effective from March 23, 2024. RIL has rolled over...
DGTR Recommends Provisional Anti-Dumping Duties on PVC Paste Resin Imports
The Directorate General of Trade Remedies (DGTR) has recommended the imposition of provisional anti-dumping duties on PVC Paste Resin imports from: China South Korea Norway Taiwan Thailand This...
